After showing a lack of direction early in the session, stocks have moved mostly higher over the course of the trading day on Wednesday. The major averages are hovering in positive territory after bouncing back and forth across the unchanged line in early trading.
The tech-heavy Nasdaq reached a new high for the session in recent trading and is currently up 89.37 points or 0.7 percent at 13,862.98. The S&P 500 is also up 16.01 points or 0.4 percent at 4,477.91, while the Dow is posting a more modest gain, up 29.74 points or 0.1 percent at 34,675.73.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.